50.1
Fair
Property score
50.1
Fair
Overall 50.1
Smaller than most nearby homes
746 sqft (bottom 22%)
Built in 1937 (15 yrs older than avg)
Located in a above-average income area
with median household income of ~86k
Transit 64.0
6-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, and 1 school nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Below average
15 yrs older than neighborhood avg.
Mother tongue
English · 75%French · 8%
Past 10 years Glenwood sales snapshot (~80% of all data)
785
376k
$381/sqft
1952
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50.1 is composed by the two sections below.
Property Score
Community Score
Glenwood
How to read: Share of sales in each ~$50k price band for “glenwood” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110566
$86K
Median household income
$97K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
26%
Single-person households
21%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
116 Imperial Avenue — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 460 m), 1 education (nearest 392 m).
Glenwood · WPS public data · 2026
Annual incidents
26
2026
vs. city avg
-12%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
62%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 9% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 116 Imperial Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1937 in the Glenwood neighbourhood. Its primary appeal lies in its value proposition and land potential. At 746 sqft, the living space is compact and below average for the area, and the basement is unrenovated. There is no garage or pool. However, the property sits on a notably larger-than-average lot for its immediate street (over 5,000 sqft), which is a significant asset.
The home suits practical, value-focused buyers. It’s ideal for a first-time homeowner comfortable with a smaller footprint or a DIY enthusiast looking for a project with a solid land base. Investors may also see it as a potential redevelopment opportunity due to the lot size, or as a long-term rental property given its low assessed value. Its below-average metrics in size and assessment suggest an accessible entry point into the Winnipeg market, with the land offering a less obvious but tangible form of future equity.
Section 2: Frequently Asked Questions
1. What is the actual recent sale price?
The available public data indicates a sale occurred in October 2019 for an estimated range of $18.5k to $21.5k. For the precise sale price, you can request it directly via email from the listing source.
2. Is the house in need of major updates?
Given its age (1937) and the note of an unrenovated basement, buyers should anticipate typical maintenance and potential updating for an older home. The condition of major systems (roof, plumbing, electrical) should be a priority for inspection.
3. How does the large lot size benefit me?
The lot is a standout feature. It provides ample outdoor space for gardening, recreation, or storage. More significantly, it offers future flexibility—whether for adding an extension, creating secondary suite potential (subject to zoning), or simply holding land value in a mature neighbourhood.
4. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property’s specific characteristics: its small, older living space and lack of renovations. Assessments are based on market value for taxation, and this property compares to others of similar size and condition, not to newer or larger homes city-wide.
5. What are the realistic comparisons for this property?
The listing provides "similar assessed value" comparisons, which are useful for understanding tax brackets, but may be in different neighbourhoods. For a true sense of value, focus on recent sales of similar-sized bungalows on standard lots within Glenwood and adjacent areas, rather than city-wide averages.
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